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Void Communications, LLC

Product Name

VaporStream™

Market Segment

Enterprise software and services

Funding

Seed round: Venture funding from Aegis holdings, amount undisclosed

Competitors

No direct competitors. Secondary competitors include Fortiva, Symantec, CA, Iron Mountain, Guidance Software, EMC2, EVAULT and Zip-lip.

Product Description

VaporStream is a secure, recordless, electronic communications system that ensures privacy and confidentiality and promotes open discussions, as messages cannot be forwarded, edited, printed or saved. Compatible with mobile devices and existing email addresses, it separates the message header from the body, leaving no record on any computer or server. Once read, messages are gone forever. As a Web-based complement to email, VaporStream reduces email’s risks and costs and is immune to spam and viruses.

Market Opportunity

The ePolicy handbook reports over 30 million U.S. workers use email. the Radicati Group reports over a billion more users worldwide. Independent research indicates that 79% of companies intend to purchase VaporStream and more than half of employees will utilize it. This projects to an opportunity of $1.5 to $2.0 billion annually in the U.S. alone at current pricing.

Demo Says

In an age of too many bad guys, Void Communications may well be this year’s most controversial product launch. It may also be one of business’s most valuable new tools. the company’s VaporStream provides the complete confidentiality and control of proprietary digital communications that email just can’t deliver. This ingenious infrastructure-less, copy-less, record-less messaging system is absolutely confidential, and good guys need absolute confidentiality, too.